120 Poor Farm
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | Listed by Coldwell Banker Islands Realty | $895,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| Aug 24, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Four Seasons Sotheby's Int'l Realty | $775,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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This single family owned property, built in 1977 with additions and full renovation in the mid-90's, has been lovingly maintained and lived in lightly over the years. Situated on a bluff, the 5000 plus square foot, 5 bedroom, 4 bath contemporary year round home, offers lots of bang for the buck. Enjoy 2 decks, 3 balconies, both a wood burning double sided fireplace and a gas fireplace, as well as a Defiant wood stove in the finished basement. With 120 feet of lakeshore on a 2.45 acre lot, the property sits above the Alburg Passage, which offers access to both the broad lake and the inland sea. Fishing, boating, sailing, swimming and hunting can all be part of your lifestyle. For the pilot, the Northern Lights Airport, a 2000' private turf airfield is right next door. The 625 acre Alburgh Dunes State Park is just down the road, waiting to be enjoyed. Cross the border and Montreal is less than hour away on a good day. New roof is just 3 years old. There is a lot to be had here...come see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017